WithCoverage Secures $42M Series B Funding Led By Sequoia Capital And Khosla VenturesWithCoverage, the first AI-enabled risk management team, raised $42M in Series B financing led by Sequoia Capital and Khosla Ventures, with participation from 8VC, Antifund, and Crystal Venture Partners. Founded by JD Ross and Max Brenner, the company combines AI analysis with insurance experts and attorneys to identify coverage gaps, optimize risk management programs, and make carriers bid for your business, serving over 550 clients, including GoPuff, Blank Street, and Eight Sleep. The new funding will support product expansion and the hiring of 75+ employees across product engineering, business development, and risk management in 2026.
FOUNDERS: JD Ross & Max Brenner
INVESTORS: Sequoia Capital, Khosla Ventures, 8VC, Antifund, & Crystal Venture Partners
ROUND: Series B
AMOUNT: $42,000,000
HQ: #NewYork #NY #NewYorkCity #NYC
Sandstone Secures $10 Million Seed Round Led By Sequoia With Multiple InvestorsSandstone announced a $10 million Seed round led by Sequoia, with participation from Kearny Jackson, SV Angel, Webb Investment Network, Mantis VC, and several other investors, as the company builds an AI-native platform to unify legal data and business context for in-house teams. Co-founded by Nick Fleisher, the company was created from the founding team’s firsthand frustration with fragmented legal workflows, aiming to give legal departments a single integrated system embedded in the tools businesses already use. Sandstone is already working with early customers including Hypertherm, Ocrolus, and Wayfair, and has built a team with experience across top law firms and major tech companies.
FOUNDERS: Nick Fleisher & Jarryd Strydom
INVESTORS: Sequoia, Kearny Jackson, SV Angel, Webb Investment Network, Mantis VC, Antiportfolio Ventures, Daybreak Ventures, Operator Partners & Killer Whale Strategies
ROUND: Seed
AMOUNT: $10,000,000
#VentureCapital #Sandstone #JarrydStrydom #NickFleisher #Sequoia #KearnyJackson #SVAngel #WebbInvestmentNetwork #MantisVC #AntiportfolioVentures #DaybreakVentures #OperatorPartners #KillerWhaleStrategies #TradedVC
Deepgram Raises $130 Million In Series C Round Led By AVP At $1.3 Billion ValuationDeepgram raised $130 million in a Series C at a $1.3 billion valuation, with AVP leading the round and participation from existing investors like Alkeon, In-Q-Tel, Madrona, Tiger, Wing, and Y Combinator, as well as new investors including Twilio, SAP, and Columbia University. CEO Scott Stephenson said the company was already cashflow positive and didn’t need the raise, but sought strategic investors to accelerate growth, expand globally, support multiple languages, and focus on voice AI in restaurants, highlighted by its acquisition of YC-backed Ofone. Deepgram’s speech-to-text and text-to-speech models now serve over 1,300 organizations, and the company aims to capitalize on the booming $14–20 billion voice AI market.
FOUNDER: Scott Stephenson
INVESTORS: AVP, Alkeon, In-Q-Tel, Madrona, Tiger, Wing, Y Combinator, Alumni Ventures, Columbia University, Princeville Capital, Twilio & SAP
ROUND: Series C
AMOUNT: $130,000,000
VALUATION: $1,300,000,000
HQ: #SanFrancisco #California
#VentureCapital #Deepgram #ScottStephenson #AVP #Alkeon #InQTel #Madrona #Tiger #Wing #YCombinator #AlumniVentures #ColumbiaUniversity #PrincevilleCapital #Twilio #SAP #TradedVC
JetZero Secures $175 Million In Series B Financing Led By B Capital And OthersJetZero, the Long Beach-based developer of the Z4 blended wing body aircraft, has raised approximately $175 million in Series B financing to accelerate development of its full-size Demonstrator prototype ahead of its planned first flight in 2027. The round was led by B Capital with participation from United Airlines Ventures, Northrop Grumman, 3M Ventures, and RTX Ventures. Co-founded by CEO Tom O’Leary and Mark Page, JetZero aims to deliver a fuel-efficient, lower-emission commercial airplane and has secured over $1 billion in total commitments while collaborating with the US Air Force, NASA, and the FAA for an early 2030s entry into service.
FOUNDERS: Tom O’Leary & Mark Page
INVESTORS: B Capital, United Airlines Ventures, Northrop Grumman, 3M Ventures & RTX Ventures
ROUND: Series B
AMOUNT: $175,000,000
HQ: #LongBeach #California
#VentureCapital #JetZero #TomOLeary #MarkPage #BCapital #UnitedAirlinesVentures #NorthropGrumman #3MVentures #RTXVentures #TradedVC
Superorganism Closes $25.9 Million Fund Backed By Cisco Foundation And Others For Biodiversity InvestingSuperorganism, a New York-based venture capital firm founded in 2022 by Kevin Webb and Tom Quigley, has closed its debut $25.9 million fund, marking a milestone for biodiversity-focused investing. The firm, which invests $250,000 to $500,000 in pre-seed and seed-stage startups tackling extinction, climate-biodiversity intersections, and conservation tools, has already backed 20 companies, including Funga, Inversa, and Sway. Webb emphasized that nature and economic progress need not conflict, and the fund plans to expand its portfolio to around 35 companies while dedicating 10% of profits to conservation initiatives.
FOUNDERS: Kevin Webb & Tom Quigley
INVESTORS: Cisco Foundation, AMB Holdings, Builders Vision & Jeff Jordan
AMOUNT: $25,900,000
HQ: #NewYork #NY #NewYorkCity #NYC
#VentureCapital #Superorganism #KevinWebb #TomQuigley #CiscoFoundation #AMBHoldings #BuildersVision #JeffJordan #TradedVC
Hadrian Raises $1.6 Billion Valuation Led By T. Rowe Price Associates For Factory ExpansionHadrian, the Los Angeles-based developer of automated factories for aerospace and defense, raised an expanded funding round at a $1.6 billion valuation. Led by Founder and CEO Chris Power, the round was spearheaded by T. Rowe Price Associates, Inc., with participation from Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z, Construct Capital, and other existing investors. The company plans to use the capital to accelerate factory expansion, scale workforce training, and advance automation, AI-driven tooling, and real-time manufacturing intelligence across its “Factories as a Service” model for mission-critical aerospace, defense, and infrastructure components.
FOUNDER: Chris Power
INVESTORS: T. Rowe Price Associates, Inc, Altimeter Capital, D1 Capital Partners, StepStone Group, 1789 Capital, Founders Fund, Lux Capital, a16z & Construct Capital
VALUATION: $1,600,000,000
HQ: #LosAngeles #California
#VentureCapital #Hadrian #ChrisPower #TRowePriceAssociatesInc #AltimeterCapital #D1CapitalPartners #StepStoneGroup #1789Capital #FoundersFund #LuxCapital #a16z #ConstructCapital #TradedVC
Nico Rosberg Closes $100 Million Fund III For Rosberg Ventures In Tech InvestmentEx-Formula 1 World Champion Nico Rosberg has closed a $100 million Fund III for his Monaco-based venture capital firm, Rosberg Ventures, bringing total assets under management to over $200 million. The oversubscribed fund marks a milestone for Rosberg, who has evolved the firm from a fund-of-funds investor into a platform that also makes direct investments in high-growth technology companies, typically writing $2–5 million checks without seeking controlling stakes. Rosberg Ventures has already backed firms like ClickHouse, a real-time data analytics company, and the fund’s expansion underscores Rosberg’s commitment to building a collaborative tech investment portfolio.
AMOUNT: $100,000,000
HQ: #MonteCarlo #Monaco
#VentureCapital #NicoRosberg #RosbergVentures #Formula1 #TradedVC
Allegiant Travel Company Acquires Sun Country Airlines For $1.5 BillionLas Vegas-based Allegiant Travel Company announced it will acquire Sun Country Airlines for roughly $1.5 billion, merging two budget carriers to create a leading leisure-focused U.S. airline serving 22 million passengers annually. Under the January 11 merger agreement, Sun Country shareholders will receive 0.1557 Allegiant shares plus $4.10 in cash per share, a 19.8% premium over Sun Country’s January 9 closing price, with the deal, including $400 million in net debt, expected to close in the second half of 2026 pending approvals.
SALE PRICE: $1,500,000,000
HQ: #LasVegas #Nevada
#VentureCapital #AllegiantTravelCompany #SunCountryAirlines #TradedVC